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write out this financial still this is really something quite frightening if italy really goes into big trouble on the financial markets this is certainly a totally new face of this euro crisis you mentioned theory thanks how it's all too appealing countries chipped david in styles for a bite of the g.c. apple the now many left regretting taking the bait that. the bad i mean the product. of more than a decade of great business is like badasses again hit hard. think street in athens is still bustling with the economy means that many businesses here in greece are simply gone and cleaning the year a mint year in prices many of the members when we could colonies it didn't mean european wages if one fought fanned out on three another year skeptics who wanted danger from the start they have become the unlikely heroes in this tale just who the hell do you think you people are you are very very dangerous people indeed your obsession with creating this euro state means that you're happy to destroy democracy you appear to be happy for millions and millions of people to be unemployed and to be poo
write out this financial still this is really something quite frightening if italy really goes into big trouble on the financial markets this is certainly a totally new face of this euro crisis you mentioned theory thanks how it's all too appealing countries chipped david in styles for a bite of the g.c. apple the now many left regretting taking the bait that. the bad i mean the product. of more than a decade of great business is like badasses again hit hard. think street in athens is still...
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big business and politicians could be directing the shift in style. now to talk about some of today's biggest political stories it's the story behind the story whoa the editorial mission driving the mainstream news cycle and i just kind of sat back i was like wow this is it this is the speech played by the rules instructions coming straight from the top he said i was just in washington and people in washington tell me that they're concerned about your tone recently departed m.-s. n.b.c. anchor jank ugur describes the talking to he alleges came from the head of the cable news network the talking to that drove him to leave the station and he said i love to be an outsider outsiders are cool but we're not we're insiders. we are the former insiders and analysts we interviewed say it's this way of thinking in the mainstream t.v. media that leads to a twenty four hour news cycle filled largely with casey anthony the woman accused of killing her two year old little girl you would know if the this is your underpants we now learn marina demanded a move al has b
big business and politicians could be directing the shift in style. now to talk about some of today's biggest political stories it's the story behind the story whoa the editorial mission driving the mainstream news cycle and i just kind of sat back i was like wow this is it this is the speech played by the rules instructions coming straight from the top he said i was just in washington and people in washington tell me that they're concerned about your tone recently departed m.-s. n.b.c. anchor...
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laura i have a father and i'm not you know i am a libertarian but i'm a libertarian at the very very big for you to show you that the question is see you're you're changing the sign on so you're taking the side put you but you're saying how can i ask how could you possibly cut payments is not the obvious you're going to cut one hundred percent of medicare medicaid social security you still have. some of that they can. supply with their funds but here's the point we have no choice you're assuming perhaps that we have the money to pay these people anyway these programs are insolvent the unfunded liabilities amount to one hundred and fifteen trillion dollars you're going to have to tell me if you really believe or anybody believes either democrat or republican that we have the money to pay for these entitlement programs they must be cut or not we can either now to try to raise the debt ceiling and to continue to to pay social security and continue to pay these things right now ok but how can i reckon lauren can you assure me that what happened in greece is going to happen to america in two
laura i have a father and i'm not you know i am a libertarian but i'm a libertarian at the very very big for you to show you that the question is see you're you're changing the sign on so you're taking the side put you but you're saying how can i ask how could you possibly cut payments is not the obvious you're going to cut one hundred percent of medicare medicaid social security you still have. some of that they can. supply with their funds but here's the point we have no choice you're...
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there were huge weaknesses in the whole construct of the monetary union in europe and my big surprise is that it has lasted ten years before through this kind of crisis these weaknesses came to the surface on the other side of the ocean that american politicians are still tussling over how to raise the country's debt ceiling a while republicans and democrats argue secretary of state hillary clinton has been trying to calm nervous asian investors that they will meet next week's deadline but economic analyst mark haddock a says it's already too late. united states is essentially bankrupt in any case if they increase the debt ceiling actually as the chinese rating agency dugong has been saying even if they find an agreement and they increase the debt ceiling is going to be as a result more dead so the u.s. has thirteen point five trillion of debt and that starts the nominal national debt but it's not even the fiscal gap including all the unfunded liabilities that the united states government actually keeps of the books and if you include this figure re a looking at two hundred trillion u
there were huge weaknesses in the whole construct of the monetary union in europe and my big surprise is that it has lasted ten years before through this kind of crisis these weaknesses came to the surface on the other side of the ocean that american politicians are still tussling over how to raise the country's debt ceiling a while republicans and democrats argue secretary of state hillary clinton has been trying to calm nervous asian investors that they will meet next week's deadline but...
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may be coming at the expense of quality started as more than eighty percent of troops are literally a big problem on our ability to really match in numbers can spell the difference between life and adding to that was a widespread drug use and desertion let's say roughly one in four combat soldiers quit their post critics also point out that the military leadership is made up of many rival x. warlords who still come in world these long regionally the lines i would like to contribute to confront as the u.s. begins to scale back its role as custodian this summer there are concerns that these divisions may flare up if i start neutral. we need to be united ninety three would be fighting you should be killing each other these. little groups if you can prove it yet another obstacle for a young army but still has much to learn from before it can still need some juice and will plug in called for some of. you all watching the weekly scene over us has been carrying out drone strikes in pakistan for years but now one of the masterminds of the attacks is in the crosshairs himself former cia official j
may be coming at the expense of quality started as more than eighty percent of troops are literally a big problem on our ability to really match in numbers can spell the difference between life and adding to that was a widespread drug use and desertion let's say roughly one in four combat soldiers quit their post critics also point out that the military leadership is made up of many rival x. warlords who still come in world these long regionally the lines i would like to contribute to confront...
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and here's what's coming up tonight on the big picture the clock continues to tick closer to august seconds debt ceiling deadline and the g.o.p. is holding firm on their way or the highway approach to tax hikes so if a bipartisan budget deal is not reached in time how severe will the recall repercussions be for you and me meanwhile another former power nation prepares for possible economic collapse italy with that country's bronze now under attack what's to become of the euro and while congress prepares to cut seniors' medical care the leader of the anti and medicare hack is caught second back problems a line priced at three hundred fifty dollars a pop i'll talk to economists and feinberg who caught paul ryan in the act. you need to know this high stakes talks between republican leadership and the white house fell apart again last night when both sides announced they were gridlocked on a deal that has the administration pushing for four trillion dollars for the deficit cuts over the coming decade and the republicans are refusing to budge on tax hikes speaker john boehner pulled his support
and here's what's coming up tonight on the big picture the clock continues to tick closer to august seconds debt ceiling deadline and the g.o.p. is holding firm on their way or the highway approach to tax hikes so if a bipartisan budget deal is not reached in time how severe will the recall repercussions be for you and me meanwhile another former power nation prepares for possible economic collapse italy with that country's bronze now under attack what's to become of the euro and while congress...
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or see some other part of it and realize that everything is ok if you don't i'm sorry welcome to the big picture. and you know. fun fun fun fun. the same. let's not forget that we had an apartheid regime right here in the lead i think iraq is needed and wanted well. whatever government says they're confused safe get ready because you're going to have freedom. all right it's time for you said it i read it or take time to respond to my brilliance and engaging viewer comments from facebook twitter and you too because when you've got something to say i listen now all three comments tonight come from group two and first i'd like to address a comment from the commenter that shall no longer be named you can see the name i just can no longer say it on t.v. without breaking out into laughter and losing my cool anyway this is in response to my constant attacks on the mainstream media for covering the casey anthony trial nonstop the comment said you know loner it's ok to have a heart and care about something that's very dearly important to the lot of us on an emotional level but that's right your c
or see some other part of it and realize that everything is ok if you don't i'm sorry welcome to the big picture. and you know. fun fun fun fun. the same. let's not forget that we had an apartheid regime right here in the lead i think iraq is needed and wanted well. whatever government says they're confused safe get ready because you're going to have freedom. all right it's time for you said it i read it or take time to respond to my brilliance and engaging viewer comments from facebook twitter...
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surrogate want to admit their involvement in the process the attitude to surrogacy in russia is on big years so many women simply don't want anyone to know their baby is carried by another one out of the many it's easier to resort to personal or not such a small why. how about one scene in public with this there really is no going back to the sides become entangled in a legal and moral not blackmail homes intended parents while surrogate mothers greatest fear is not getting paid most of them see surrogacy as the only solution to their financial misery if i had a choice i lived at my mom's place nine people in forty six square meter is. zinaida mother of two hope giving both the money would allow her buy an apartment for her large family however hard way through the pregnancy the genetic parents demanded she a board they had shopped around and their backup was bearing twins. so it's not the biological father sprawled out in front of me in an armchair and almost knocked when he was saying don't you understand we need neither you nor the baby and you know this still hopes they'd accept th
surrogate want to admit their involvement in the process the attitude to surrogacy in russia is on big years so many women simply don't want anyone to know their baby is carried by another one out of the many it's easier to resort to personal or not such a small why. how about one scene in public with this there really is no going back to the sides become entangled in a legal and moral not blackmail homes intended parents while surrogate mothers greatest fear is not getting paid most of them...
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sin might say the journey from sibling need such a big ozzie via baghdad and kabul could now be traced as a kind of nato road map but as with any road paved with good intentions there is only one possible destination. castros are about r t bosnia and herzegovina. that there are more stories online for you at r.t. dot com and see what else is that right now. of widespread deaths and devastation from blasts in ten minutes to our government claims it's nothing more than a harmless firework incident. and find out why more than eleven million websites have blacklisted like john webb said changing google. powerful earthquake has hit japan media thing prompting fares of a tsunami boss waves of the country still line rain after much this huge earthquake triggered disaster which destroyed whole towns and killed more than fourteen thousand people before months on and mammoth reconstruction efforts is taking place along the country's northern coast people's emotional distress will take much longer to repair thomas reports. as the waves crash against a damage to sea wall on the japanese coast volu
sin might say the journey from sibling need such a big ozzie via baghdad and kabul could now be traced as a kind of nato road map but as with any road paved with good intentions there is only one possible destination. castros are about r t bosnia and herzegovina. that there are more stories online for you at r.t. dot com and see what else is that right now. of widespread deaths and devastation from blasts in ten minutes to our government claims it's nothing more than a harmless firework...
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cannot be only driven by the hope to reduce fiscal deficits and organize fiscal consolidation in a big way whether you look at advanced economies or whether you look at emerging markets all income countries the issue of employment. is a critical one the one hundred eighty seven nation organization has already lent one hundred sixty billion dollars to cash strapped nations many of which have little hope for paying it back. so the real questions are manifested here on the streets of some of the nation suffering the most are accepting aid from the i.m.f. has been presented at times as the only option as austerity measures are now being put into place the questions too are in the dollar and how its value may or may not change under her watch for managing the debt crisis around the world will fall at the top of her agenda as the rest of the world watches with hope first ability in an unstable world. in washington christine freeze out r.t. . one new report from the u.n. out this week says that the world is going to need one point nine trillion dollars a year over the next forty years for inc
cannot be only driven by the hope to reduce fiscal deficits and organize fiscal consolidation in a big way whether you look at advanced economies or whether you look at emerging markets all income countries the issue of employment. is a critical one the one hundred eighty seven nation organization has already lent one hundred sixty billion dollars to cash strapped nations many of which have little hope for paying it back. so the real questions are manifested here on the streets of some of the...
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immigrants and that was a poor people in north of the big push. places they used to live rubin and that's over there drugs that are in jeopardy muslims claim this disappointment that the killer turned out to be wants they want this guy to be a muslim although most of you know. it's for them it's a little bit strange because he's in the region so they talk too much about it and about us it is not good in the regions are said to be fed up with the brand of what's being dealt radical liberalism it's the country's multicultural policies that turn the government against his own feeling the way the far right. wires are. ready to admit and there's a parallel hit and respect for attitude towards that kind of. against the media but the reality is that fifty percent off in the winter are against multiculturalism as people who try to pick up the pieces and bring meaning to this twitter will really thing it will throw relations between communities some expect the crackdown by police on the e.u. growing full right movements while others fear this will only fue
immigrants and that was a poor people in north of the big push. places they used to live rubin and that's over there drugs that are in jeopardy muslims claim this disappointment that the killer turned out to be wants they want this guy to be a muslim although most of you know. it's for them it's a little bit strange because he's in the region so they talk too much about it and about us it is not good in the regions are said to be fed up with the brand of what's being dealt radical liberalism...
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big business dreams and political ambitions are being made reality as russia's politically minded you think gather for a special summer camp parties because all of it went to meet some future russian movers and shakers. they're young they're enthusiastic and they want to be the best set in idyllic surroundings the twenty eleven seliger international youth forum brings together representatives from seventeen nations to discuss innovation politics and the future must media or else they find here is a plot for a japanese to meet brazilian and talk to the french people right at the same time so for me this is kind of a concentration of people as asian processes happening throughout the world this is the second year that the storm is open digitals to foreigners and those who have come from abroad are looking to make contacts for the future here in russia this is a great chance to make. some people also we can meet people from countries all over the world and also pretty complex and some ideas about the. mentality of our history and. how they how they see the. internal or international or f
big business dreams and political ambitions are being made reality as russia's politically minded you think gather for a special summer camp parties because all of it went to meet some future russian movers and shakers. they're young they're enthusiastic and they want to be the best set in idyllic surroundings the twenty eleven seliger international youth forum brings together representatives from seventeen nations to discuss innovation politics and the future must media or else they find here...
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the senate, probably, but the house where there is a big sticking point. they have to come up with something that would clear the house in order to get through congress and become law. that is where they are stuck right now. they will meet thursday at the white house -- republican and democratic leaders together -- and going to try again to talk, but already it sounds like this will be a difficult conversation. yesterday, the speaker of the house john boehner, republican, put out this sort of warning that we could come to the white house and talk -- that is fine -- but it doesn't sound like things will go very far, he said, unless the president understands that republicans are not willing to raise taxes. as i said earlier, the president over the said we need a compromise, we need something that involves both cuts, which is what the republicans want, and ways to raise revenue. >> have democrats compromised on the hold medicare cuts issue? guest: right now there -- what to do with medicare and medicaid. i know the republicans said they want to raise the age
the senate, probably, but the house where there is a big sticking point. they have to come up with something that would clear the house in order to get through congress and become law. that is where they are stuck right now. they will meet thursday at the white house -- republican and democratic leaders together -- and going to try again to talk, but already it sounds like this will be a difficult conversation. yesterday, the speaker of the house john boehner, republican, put out this sort of...
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big continuous calls from the public to refuse the aggressive privatization proposals set forth by the choice to seemingly gone unheard of the european union is the remember we would talk about blackmail i guess the greek government critics have argued that the backing of bailouts acting out of self-interest keeping profits private must the last is to say she lies nothing new here it's not like greeks have to stretch back into deep history to figure this out we can look at latin american we can look at countries all over the world where the i.m.f. has come in and sacrificed and plunder the nation for corporate consolidation and prime minister pap and jase take of avoiding the country's current apps at all cost but many are now asking just how high a price he. willing to pay someone dies there's something very tragic occurs that's going to be a catalyst for i think of all this government the e.u. has stated there's no plan b. to be a stereo he measures being an actor. but is shiri bills on the streets might be time they thought of one. r.t. athens. where you have more stories to you onl
big continuous calls from the public to refuse the aggressive privatization proposals set forth by the choice to seemingly gone unheard of the european union is the remember we would talk about blackmail i guess the greek government critics have argued that the backing of bailouts acting out of self-interest keeping profits private must the last is to say she lies nothing new here it's not like greeks have to stretch back into deep history to figure this out we can look at latin american we can...
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european big heads are hoping or trying it to pretend as if they are doing and that is they feed off people who have surrounded me right gary literally tens of thousands of people from all across the bay and this is their main goal to take matters into their own into their own hands and to help the country if nobody else will help it's. the one hundred nine billion euro bailout for greece was agreed after it approved severe austerity measures sending thousands onto the streets in protest rescue will also involve lowering interest rates on greek debt and extending the repayment period but financial analyst max kaiser says it'll only plunge people deeper in trouble. it increases the amount of debt it increases the amount of debt in the eurozone it is increased of the amount of debt in greece so this is a plan cooked up by bankers to repackage risa carrots eyes really sell debt that's what they do and it crowds out the real economy so if they think that this is going to help the economy grow their way to a position of paying off this debt or paying the interest on the debt that's not go
european big heads are hoping or trying it to pretend as if they are doing and that is they feed off people who have surrounded me right gary literally tens of thousands of people from all across the bay and this is their main goal to take matters into their own into their own hands and to help the country if nobody else will help it's. the one hundred nine billion euro bailout for greece was agreed after it approved severe austerity measures sending thousands onto the streets in protest rescue...
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able to afford one strategy so it concerns me that we are sort of forfeiting the ability to fight the big one for the ability to fight a lot of little ones that something had to live here now the u.s. is ready deployed on drains that i do you think it means i need both of these in the washington. jesting people parents need special forces for surgical strikes even they thought would violate the un mandates. as a military officer i i can't doubt that at all because i don't see that where swinging the balance there i don't see that we're winning in other words i don't see that we're forcing it off and really and as senator jim webb asked in a hearing not too long ago three or four days ago when are we going to introduce ground troops because that seems to be the only way we're going to change this precarious balance that we've set up between the revolutionary forces of the war and i could offer your regime on the other side. and it's heading out to another country the u.s. has extended its drone strikes. down fly all non combat operations in six countries into how warren says. all these dro
able to afford one strategy so it concerns me that we are sort of forfeiting the ability to fight the big one for the ability to fight a lot of little ones that something had to live here now the u.s. is ready deployed on drains that i do you think it means i need both of these in the washington. jesting people parents need special forces for surgical strikes even they thought would violate the un mandates. as a military officer i i can't doubt that at all because i don't see that where...
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it will somehow be solved in law and not technical a political problem in the united states have two big deficits fiscal deficit and deficit of that balance both have some correlations with the exchange rate of the currency of the dollar and a k d investment in a little cleaner channel tickle will. would wise you if you have seen the difficulties with pain and service and your debt you can inflate it if you have you know monetary agence if. this is the way and historically we know that some countries were doing that so inflation for a different period of time. in that case but in economy have to have in mind two points stocks and floats. you can have solve the problem of stocks with inflation but what about floats if you. have the same level of fiscal deficit it means that you inflate it stocks but you created new stocks we have the floats of fiscal so anyway even in this iteration of deflation the fiscal authorities have to make the serious steps of fiscal adjustment side so speaking about the probability of default well what about countries like greece or say portugal are they closer t
it will somehow be solved in law and not technical a political problem in the united states have two big deficits fiscal deficit and deficit of that balance both have some correlations with the exchange rate of the currency of the dollar and a k d investment in a little cleaner channel tickle will. would wise you if you have seen the difficulties with pain and service and your debt you can inflate it if you have you know monetary agence if. this is the way and historically we know that some...
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the people like it's mcconnell are there to support big business. whether it is fox news or murdoch or wherever. that is where he thinks he's a support should go, not for the american people. host: you are a republican? caller: i became a republican at oxford university. having seen what i have seen in the past few months in particular, there is no way that republicans will get my vote in the near future. guest: it sounds like you have some interesting things to say. what you said about the consumer bureau consolidating into one place, that is 80% true. it consolidates them into one bureau. there is additional authority that it will have, and that is to supervise and regulate what are called non-bank financial firms. those are financial firms that do not take deposits. payday lenders, mortgage originators, that kind of thing. the principal was very simple. in the run-up to the financial crisis we had essentially what became known as the shadow banking industry. this was the mortgage factories that existed outside the deposit banks that turned up som
the people like it's mcconnell are there to support big business. whether it is fox news or murdoch or wherever. that is where he thinks he's a support should go, not for the american people. host: you are a republican? caller: i became a republican at oxford university. having seen what i have seen in the past few months in particular, there is no way that republicans will get my vote in the near future. guest: it sounds like you have some interesting things to say. what you said about the...
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what the protests in spain for example a country and economy that set that was set as it's being too big to fail the unemployment is very high now we've seen violent rallies and greece that didn't do anything to stop a steady measures now can ordinary people actually do anything here you said the second bailout does nothing for ordinary people will protesting be any help or are they just wasting their time. well let's let's keep in mind that whatever the bailout package is to help bail out banks will save one hundred ten billion euros for example it's still easy for these bankers driven by wall street bankers to create ten times that amount and derivative contracts and credit default swaps and make it part of the fault because their ability to create derivatives to game the system to remember the reason why greece is failing is because banks are gaming the system and causing it to fail because they make more money on the insurance than they lose on the bonds it's all about gaming the system and this will continue whether spain and italy are big enough or the right size next for the banks
what the protests in spain for example a country and economy that set that was set as it's being too big to fail the unemployment is very high now we've seen violent rallies and greece that didn't do anything to stop a steady measures now can ordinary people actually do anything here you said the second bailout does nothing for ordinary people will protesting be any help or are they just wasting their time. well let's let's keep in mind that whatever the bailout package is to help bail out...
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in india old caesar made a big move to join me that shows the number of villains the great great it's the grand imperial trilogy the tallest was to school until you can a little bit you know saddam did to go in. the colonel was which was used to retreat. cause if you'll take the word choose debut as a default deadline and possible catastrophic economic consequences lawmakers continued to be called up until until preoccupied with part of what is called good friendship over extending america's credit limits more details of your. own in the midst pilot error of course last year's presidential plane crash that killed president lech kaczynski and scores of top officials but also the patrol the cold so person part of the blame on russia just hide criticism from ideational. hundred fifty thousand anti-government protesters flood streets across israel demanding prime minister netanyahu step down but some say the arab spring has now spread to israel. and a very warm welcome to the program this is all season cleaver of you i mean i shook my valentine story now the political game of chicken as c
in india old caesar made a big move to join me that shows the number of villains the great great it's the grand imperial trilogy the tallest was to school until you can a little bit you know saddam did to go in. the colonel was which was used to retreat. cause if you'll take the word choose debut as a default deadline and possible catastrophic economic consequences lawmakers continued to be called up until until preoccupied with part of what is called good friendship over extending america's...
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we are left with a big deficit. all they talk about is cutting. -- host: we will have to leave it there. when it comes to government spending issues are concerned, that is what we are weighing in right now. good morning, james, independent line. caller: 5 believe the oil companies and big businesses should pay their fair share. republicans are nothing but a bunch of lawyers. they have -- lawyers. -- liars. they have been line ever since george bush was in there. host: what kind of spending and programs are you talking about? caller: all of their subsidies and not paying any taxes. host: we will leave it there. please turn down your television sets when you call in. florida, this is a comment from twitter. another call from minnesota this morning, what to cut what to keep? caller: i am a republican. it is hard to hear that we are the party of no, no, no. at the federal level, of our government has shut down because they cannot come together. republican-led states that do not have cannot of raising of taxes, the state
we are left with a big deficit. all they talk about is cutting. -- host: we will have to leave it there. when it comes to government spending issues are concerned, that is what we are weighing in right now. good morning, james, independent line. caller: 5 believe the oil companies and big businesses should pay their fair share. republicans are nothing but a bunch of lawyers. they have -- lawyers. -- liars. they have been line ever since george bush was in there. host: what kind of spending and...
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the big part of the responsibilities from the governor. because the government first of all. not create the conditions at the beginning of the crisis to fight against the crisis it reacts very late. and all the other hand ones take over but. what. the government it's not doing their job properly because nobody in the people to wake up otherwise we'll just become slaves to the system who want to be treated as humans and they believe they can make a difference. the government has to change things because they don't have a choice but. with greece in shambles and neighboring portugal trashed by the rating agencies spain is facing not just a financial but a deepening social crisis members of the so-called indignant marches say they want their. dignity preserved but whether their calls will be heard is another issue in . madrid. france has also been warned by the international fund that it needs more cuts to avoid becoming the next fickle debt crisis time effort says the country's credit rating risk. taker nomics or know these problems long ago the problem here's a look these aren'
the big part of the responsibilities from the governor. because the government first of all. not create the conditions at the beginning of the crisis to fight against the crisis it reacts very late. and all the other hand ones take over but. what. the government it's not doing their job properly because nobody in the people to wake up otherwise we'll just become slaves to the system who want to be treated as humans and they believe they can make a difference. the government has to change things...
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repair the damage and what's going to happen is when the dollar collapses americans are going to see a big reduction in our standards of living. and later now we take a closer look at other struggling economies who the next to fall in europe spaniards takes action france gets a warning its economy could suffer to. night use economic well separatist movements are gaining momentum it's working fares a chain reaction across the whole of europe. also refuses to shoulder full responsibility for the polish presidential plane crash in western russia saying russian traffic controllers also contributed to the aviation disaster the crash killed the late president lech kaczynski dozens of the country's ruling elite last spring as artie's alexy are reports many in poland are unhappy that national tragedy has become a political weapon. another day another blame game poland's very own probe into last year's presidential plane crash and smolensk all but confirmed the findings of russia's investigation that the crew was almost solely responsible for the tragedy . at this point there is an obstacle a tree
repair the damage and what's going to happen is when the dollar collapses americans are going to see a big reduction in our standards of living. and later now we take a closer look at other struggling economies who the next to fall in europe spaniards takes action france gets a warning its economy could suffer to. night use economic well separatist movements are gaining momentum it's working fares a chain reaction across the whole of europe. also refuses to shoulder full responsibility for the...
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india multi-user made a big move to join the virtual villains a great way to go to the grand imperial. told. you can a letter to. saddam did to go. to the colonel was her job as a retreat. to go take the world choose debut as a default deadline and possible catastrophic economic consequences lawmakers continued to call the capitol hill preoccupied with politics when it's called good friendship over extending america's credit limit more details from your. own and it made a pilot error of course last year's presidential plane crash that killed president lech kaczynski and scores of top officials but also the patroller hold still puts a lot of the blame on russia just part of criticism from a. hundred fifty thousand anti-government protest in blood streets across israel demanding prime minister netanyahu step down but some say the arab spring has now spread to israel. and of our welcome to the program this is clever of you i mean you know tom main story now the political game of chicken as china has put it as containing washington as the country has towards a disaster as a default for we
india multi-user made a big move to join the virtual villains a great way to go to the grand imperial. told. you can a letter to. saddam did to go. to the colonel was her job as a retreat. to go take the world choose debut as a default deadline and possible catastrophic economic consequences lawmakers continued to call the capitol hill preoccupied with politics when it's called good friendship over extending america's credit limit more details from your. own and it made a pilot error of course...
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not to build a strong modern army was a big big city because we thought that most of our problems and now we are a peaceful country. anymore no local to be normal relation we do business there live as it is it was our mistake to be very tolerant. with our benefit. of everybody is believing me that is because if you because you were taller and you were and i was with everybody and you brought all the areas from our broad to libya and this there is a charge by the international criminal court with the design of quotation as state policy aimed at deterring and quelling but any means including by the use of lethal force the demonstrations of civilians against that office regime which started in february two thousand and eleven and there's such a policy exist. among the accused me of killing people with enormous. themselves they are accusing me of using force or because i'm not in the army i'm not in the government so for me to be responsible for killing people it was a big joke second to the people who die at the beginning one hundred fifty nine north of the people died when the attack on
not to build a strong modern army was a big big city because we thought that most of our problems and now we are a peaceful country. anymore no local to be normal relation we do business there live as it is it was our mistake to be very tolerant. with our benefit. of everybody is believing me that is because if you because you were taller and you were and i was with everybody and you brought all the areas from our broad to libya and this there is a charge by the international criminal court...
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Jul 2, 2011
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they're celebrating a big life big victory tonight. he was borned to a heart condition that led to three major open cert surgery. now they're headed to championship team. >> i just went down into the slide and caught it and it made me feel really good. >> jack said he started playing baseball a year ago. his parents and coach say they are so proud of how far he's come. >>> a u.s. trip with gone fun. with sales today but it didn't get far. >>> and chief meteorologistist is tracking temperatures for the long holiday week ahead. which day is going to be the work this about 6 minutes. i want to crush more cars. ♪ i want to sell more tea cups. ♪ i need help selling bread. ♪ i want to sell more crabs. [ male announcer ] you know where you want to take your business. i want to design more buildings. [ male announcer ] in here, small business solutions from at&t can get you there. starting with the at&t all for less package -- just $70 per month, voice plus broadband. it's the at&t network. helping you do what you do... even better. >>>
they're celebrating a big life big victory tonight. he was borned to a heart condition that led to three major open cert surgery. now they're headed to championship team. >> i just went down into the slide and caught it and it made me feel really good. >> jack said he started playing baseball a year ago. his parents and coach say they are so proud of how far he's come. >>> a u.s. trip with gone fun. with sales today but it didn't get far. >>> and chief...
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Jul 12, 2011
07/11
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could blow apart europe's approach of bailing out small countries like greece in hopes of protecting big ones. >> the threat today is for the whole eurozone, so we need to find a solution. >> ministers signed off on what they hope will be part of the new solution, the new bailout fund that will kick in from 2013, but as they all know, a lot could change before then. >> our brussels correspondent has been following the discussions by the eurozone finance ministers in brussels. can you tell us what has come out of today's debt crisis talks? >> the formal agreement on anything has now been pushed back into another meeting of finance ministers later this month, but they have been discussing a lot. of course, the focus has been on greece and the question of a second bailout for greece. is it possible? how much will be needed? when will it be triggered? and, crucially, should private bondholders take their share responsibly? should there be obliged to extend their lines of credit to greece to put off the evil day when they will need a second bailout and call in their dead? the ecb, the europea
could blow apart europe's approach of bailing out small countries like greece in hopes of protecting big ones. >> the threat today is for the whole eurozone, so we need to find a solution. >> ministers signed off on what they hope will be part of the new solution, the new bailout fund that will kick in from 2013, but as they all know, a lot could change before then. >> our brussels correspondent has been following the discussions by the eurozone finance ministers in brussels....
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the pipeline is not secure enough not considering an alternative approach that was believe it's not a big problem but there will be other similar objections. time for a quick check on the markets oil as low of a solid international energy agency says its release of strategic courage reserves is working the decision came last month in order to compensate for supply shortages and that shut down of we've been proved experts are whether analysts see the impact of a move maybe less than expected as oil is still close to where it was before the decision . europe stock markets a flight to trade as the rain course will be to look for greece and only will force the china to taek interest rates and soon as this weekend. it approaches similar picture in russia they are in the my six off blood clots now have a look at some of the individual show moves on the minds that senator may just on the decrease this solid drag by a lot while prices gas from was one point two percent down gross may have just inching lower one point six percent fee to be buying is continuing its losing streak taking from one day
the pipeline is not secure enough not considering an alternative approach that was believe it's not a big problem but there will be other similar objections. time for a quick check on the markets oil as low of a solid international energy agency says its release of strategic courage reserves is working the decision came last month in order to compensate for supply shortages and that shut down of we've been proved experts are whether analysts see the impact of a move maybe less than expected as...
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across the world and particularly in europe and this is probably the first time that we've seen such a big attack by neo nazi group i mean i think anders breivik thought he was some kind of teutonic knights from medieval times because he's echoing the kind of crusader attitude and it's a very strange version of christianity that he is he says he's a christian i don't think he is maybe the same kind of strange version of christianity that bush and blair have been coming up with over the last ten years or so so i think that this is actually the tip of an iceberg is actually quite a lot of this neo nazi activity out there and now i think the antiterrorist or thought he's right across the world are going to have to take this brand of terrorism much more seriously ok you're saying that there's a bit of an increase in that kind of thinking brevik insults that he wanted to attack the structure of society making reference obviously to the growing muslim population do you think that really more people are thinking this way and could this really be a sign that what's called for there's a misspelling
across the world and particularly in europe and this is probably the first time that we've seen such a big attack by neo nazi group i mean i think anders breivik thought he was some kind of teutonic knights from medieval times because he's echoing the kind of crusader attitude and it's a very strange version of christianity that he is he says he's a christian i don't think he is maybe the same kind of strange version of christianity that bush and blair have been coming up with over the last ten...
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tsunami and earthquake with an already high suicide rate rising even further it's as the catastrophe big government is concerned the country could be in the grip of a depression epidemic with many were deprived radiation fears after the nuclear disaster which followed thomas reports now from the country. a triple disaster on a scale the world has never known causing damage destruction and uncertainty forcing tens of thousands of japanese refugees to leave their lives behind and seek shelter anywhere they can some people do. evacuate but the of the problem is they are a minority and they be they have been accused by. their classmates or you know of course by offshore. causing. found that. the people are not. primarily a move towards itself preservation this idea of desertion is defined by many as characteristically in general unease and has earned those who have evacuated the dishonorable title of traitor that of course is hard to hear that we are family neighbors we think about our health but in other words we run away we escape because we're scared of radiation but there is no example i
tsunami and earthquake with an already high suicide rate rising even further it's as the catastrophe big government is concerned the country could be in the grip of a depression epidemic with many were deprived radiation fears after the nuclear disaster which followed thomas reports now from the country. a triple disaster on a scale the world has never known causing damage destruction and uncertainty forcing tens of thousands of japanese refugees to leave their lives behind and seek shelter...
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Jul 11, 2011
07/11
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CSPAN
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i was at a big meeting in atlanta. a national group was coming in town to present the problem of our deficit a debt. there were 500 business leaders in the room. they have a greatresentation and finished with questions and answers. a businessman raised his hand and asked what we should do. the group did not have anything to offer. we're providing any one with an interest was something to do. a 1e asking them to support cent solution that gives the balance in eight years. we want to enroll 1 million voters to support this and encourage support on the hill. it resonates with them as it does with anyone who is concerned abouthe problem. we welcome any participation. we are bipartisan. we do not have labels. we want to put something out there that will workor the people. host: david is a republican in biloxi, mississippi. caller: i hope i can articulate this fairly well. it sounds like a of a good common sense ideas, but how do you implement that with a congress and president that is bought and paid for by the bankers? goo
i was at a big meeting in atlanta. a national group was coming in town to present the problem of our deficit a debt. there were 500 business leaders in the room. they have a greatresentation and finished with questions and answers. a businessman raised his hand and asked what we should do. the group did not have anything to offer. we're providing any one with an interest was something to do. a 1e asking them to support cent solution that gives the balance in eight years. we want to enroll 1...
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far from gone thousands of people out here on top here they all see different things into egypt but big time together because the people we've spoken to feel like their revolution has been still there we go through the books and the more people should just live on the well the taste of freedom was short lived the military is in full power mass media is being choked and oppression still rampant north them before i think they werent catching activists as much as they are doing now. through a prison i guess now they're being really violently want to kill that evolution this tool that in the first place he's known simply as hostile here in egypt a social network or with a twitter army of some thirty thousand followers the military troilus of civilians have to stop immediately immediately this is you know one of the major demands we're putting forward one of many demands including transparent trials for the fallen regime and the purging of corrupt officials they got rid of mubarak you know their high ranking officials but now egypt with the same way it was before january sort of got that lit
far from gone thousands of people out here on top here they all see different things into egypt but big time together because the people we've spoken to feel like their revolution has been still there we go through the books and the more people should just live on the well the taste of freedom was short lived the military is in full power mass media is being choked and oppression still rampant north them before i think they werent catching activists as much as they are doing now. through a...
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the journalists who are looking at what's going on so i think that the ramifications of this is so big i mean you know britain is this is shaking at this each day it's headline news and people are asking who's next. phil reached for him to be a little earlier a senior aide to afghan president hamid karzai has been killed in the capital kabul lothar a group of armed men attacked his home it happened on the day the u.s. started handing over control of some of afghanistan's provinces to local security forces and less than a week after the assassination of president karzai hearth brother wall for more on these latest developments i'm now joined from chicago by steven levy a progressive radio news host and author stephen the half brother and a key aide of the afghan president both killed in less than a week because i was saying just as the u.s. hands over power to local forces in parts of the country what do you make of the timing of this. i think the term used last year accidental but i recall a early article i wrote i'm going to have here and several years ago i called it the last war. an
the journalists who are looking at what's going on so i think that the ramifications of this is so big i mean you know britain is this is shaking at this each day it's headline news and people are asking who's next. phil reached for him to be a little earlier a senior aide to afghan president hamid karzai has been killed in the capital kabul lothar a group of armed men attacked his home it happened on the day the u.s. started handing over control of some of afghanistan's provinces to local...
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hillary clinton rush to reassure this week that the debt debate would be time beijing and americans the big. patience with washington financial math. and china could even double the dollar as it is that college. we can't afford bad relations with china see beijing holds the cards you know we're dancing to the tune that they play the real problem for china is that there's no way that america can pay back the money that the chinese are for a loan just politically just not going to happen is specially when interest rates rise i'm surprised and taken the chinese so long to figure out that they've been throwing a lot of good money after bad i don't think we're going to default i think we're going to inflate which is just as bad but you know we're going to raise the debt ceiling that the problem is the debt not the ceiling the sooner the chinese start to stop enabling by this phony economy that we have the sooner we as americans can begin to repair the damage and what's going to happen is where the dollar collapses americans are going to see a big reduction in our standards of living and then to
hillary clinton rush to reassure this week that the debt debate would be time beijing and americans the big. patience with washington financial math. and china could even double the dollar as it is that college. we can't afford bad relations with china see beijing holds the cards you know we're dancing to the tune that they play the real problem for china is that there's no way that america can pay back the money that the chinese are for a loan just politically just not going to happen is...
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and politicians will pay if that happens and can it be avoided at this point we'll get the financial big picture from michael pinto he's an economist at euro pacific capital and also get the political picture from california congressman john garamendi plus a wrongfully convicted man is freed from death row now though justice has been served after years of imprisonment what does his case tell us about police raids we will have all of that in warranted a show but first a look at what the mainstream media missed. now some u.s. counterterrorism officials officials believe the killing of osama bin laden put together with years of cia drone strikes have pushed al qaida to the brink of collapse and the mainstream media took a break from the twenty four hour he said she said of the political death debate to report on it out there on the brink of collapse you know that headline is pretty catching and as americans it's something we love to hear top u.s. officials are saying. he's on the verge of collapse the death of that group's leader coupled with years of nonstop cia drone strikes and leaving t
and politicians will pay if that happens and can it be avoided at this point we'll get the financial big picture from michael pinto he's an economist at euro pacific capital and also get the political picture from california congressman john garamendi plus a wrongfully convicted man is freed from death row now though justice has been served after years of imprisonment what does his case tell us about police raids we will have all of that in warranted a show but first a look at what the...
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Jul 27, 2011
07/11
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key differences is that the president believes we should also be cutting some of these subsidies for big corporations for the purposes of deficit- reduction. it is very troubling to see a provision that would enshrine a preference for cutting education and medicare. >> it is unbelievable. they issued a statement saying that this plan is tantamount to a form of class warfare. he says it could well produce the greatest increase in poverty and hardship produced by any law and history. >> there are people behind these cuts. the cuts seemed so disproportionately aimed at those in least afford it. what is the impact of the bay near plan? what does that mean? well at this mean? >> what is troubling about this plan is that it makes it appear like everything will be painless when in reality it will be incredibly painful. you are going to force these kinds of changes. we know that these are the kind of changes that they are anticipating. we have a budget that passed the house. the cbo has looked at it. seniors would be forced out of the current medicare system. they'll be forced into the private i
key differences is that the president believes we should also be cutting some of these subsidies for big corporations for the purposes of deficit- reduction. it is very troubling to see a provision that would enshrine a preference for cutting education and medicare. >> it is unbelievable. they issued a statement saying that this plan is tantamount to a form of class warfare. he says it could well produce the greatest increase in poverty and hardship produced by any law and history....
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started questioning that he was meeting in the united states with the economist joseph stiglitz was a big critic of that way of bailing out the banks and i think he was sending signals that upset had the financial community so it may have helped him with ordinary people now but kind of made him a target for. the establishment. meanwhile the new half of the international monetary fund is officially beginning the job former french finance minister christine lagarde one of the overwhelming backing of the i.m.f. last week having beaten mexico central bank governor but there is a full entry for the first woman to take the funds top job with the e.u.'s financial struggles and greece on the critical list. that's kaiser and stacy herbert say there's a lot in common between the greek canonic troubles and america's mounting debts here's what's to come in the kaiser report later today. he said many times the i.m.f. is after the u.s. next s. and p. one of the rating agencies who work hand in hand with these international banks stirrers the managing director john chambers spoke to reuters and he said
started questioning that he was meeting in the united states with the economist joseph stiglitz was a big critic of that way of bailing out the banks and i think he was sending signals that upset had the financial community so it may have helped him with ordinary people now but kind of made him a target for. the establishment. meanwhile the new half of the international monetary fund is officially beginning the job former french finance minister christine lagarde one of the overwhelming backing...
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like i caught a fish just waiting for your body aloft they are like the last bits in their eyes how big you know that gets smashed glass all over them the skin and everything this show patched up victims giving out whole drinks as a nation which has never suffered at the hands of terrorists before he says norwegians just didn't know how to react. alarms from the from core some buildings both from the people sheltering is gaming rolling on this man's wife suffered severe short when their windows were blown out by the last but he says they're lucky to be alone his thoughts go out to the many young victims of the second attack i think about the vision to see their house. and i think. that. this is because the two atrocities produced many acts of heroism but to tell settles on the walls worst mass shooting explicit is also voicing pango that the attacks were allowed to happen in the first place anger the truth or ignored dozens of hate messages from suspect. you haven't really been prepared right being extremism expressed fury at the government's open door policy on immigration and you blog
like i caught a fish just waiting for your body aloft they are like the last bits in their eyes how big you know that gets smashed glass all over them the skin and everything this show patched up victims giving out whole drinks as a nation which has never suffered at the hands of terrorists before he says norwegians just didn't know how to react. alarms from the from core some buildings both from the people sheltering is gaming rolling on this man's wife suffered severe short when their windows...
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big chain a photo which you know. cotto times. in serbia multis available in moscow and hyatt regency. six thirty am in moscow these are your headlines thousands of protesters remain on the streets of madrid furious at spain's huge unemployment rate and the government's faltering attempts to deal with the financial crisis many say the international monetary fund and brussels are deciding the country's future as much as the spanish government. president obama appeals to the public to pressure congress to compromise on rival debt ceiling plans he has only days left before the u.s. could potentially default on its desk from debts for the first time in the nation's history meanwhile secretary of state clinton is working to reassure asian investors i think government will meet its obligations to avoid triggering another potential global economic meltdown. a vigil for victims of norway remembers those lost in friday's deadly attacks this is the man who's confessed to the killings claims he's only one part of an extremist network anders
big chain a photo which you know. cotto times. in serbia multis available in moscow and hyatt regency. six thirty am in moscow these are your headlines thousands of protesters remain on the streets of madrid furious at spain's huge unemployment rate and the government's faltering attempts to deal with the financial crisis many say the international monetary fund and brussels are deciding the country's future as much as the spanish government. president obama appeals to the public to pressure...
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but the big part of the responsibility is from the cover. because the government first of all. not to create the conditions at the beginning of the crisis to fight against the crisis it reacts very late. and on the other hand once the government out what. the government it's not be a good job probably look good in the note obama wants people to wake up otherwise we'll just becomes the instances that are treated. and they believe they can make a difference imo the government has to change things because they don't have a choice. with greece in shambles and neighboring portugal trashed by the rating agencies spain is facing not just a financial but a deep in. in social crisis members of the so-called indignant marches say the one thing we didn't see preserved that way there their calls will be heard this is all another issue even those who are woodridge. hundred nine billion euro bailout for greece was agreed after it approved severe austerity measures sending thousands onto the streets to protest the rescue were also involved lowering interest rates on agreed to deaden extending
but the big part of the responsibility is from the cover. because the government first of all. not to create the conditions at the beginning of the crisis to fight against the crisis it reacts very late. and on the other hand once the government out what. the government it's not be a good job probably look good in the note obama wants people to wake up otherwise we'll just becomes the instances that are treated. and they believe they can make a difference imo the government has to change things...
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small circles photo in the big old circus hotel mostly a ski caribbean escape miss grandison is a a strong influence quemoy good twenty two look you can talk in people discuss not so turn. the gyptian is could take to square again what they call a new face of the revolution but expectations from the previous uprising were dashed. packing kills off britain's biggest selling newspaper report murdoch gets that haven't gotten shots of the news of the world amid the fury of a phone snooping. around israel braces itself for hundreds of protesting activists arriving by plane on their eight for to listen to a blocked embrace. on air and online with wild news a notch more you're watching out. gyptian activists are calling for a million people to converge on tahrir square late on friday saying the revolutions goals are not been achieved high ranking officials of the previous mubarak regime are in charge of organizing attacks on civilians while the former president's trial is pending next month but isn't the sonali reports objections believe the regime's legacy is still very much alive. their revolut
small circles photo in the big old circus hotel mostly a ski caribbean escape miss grandison is a a strong influence quemoy good twenty two look you can talk in people discuss not so turn. the gyptian is could take to square again what they call a new face of the revolution but expectations from the previous uprising were dashed. packing kills off britain's biggest selling newspaper report murdoch gets that haven't gotten shots of the news of the world amid the fury of a phone snooping. around...
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Jul 14, 2011
07/11
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there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways to tax excessive leverage, including thin capitalization tax. the imf made a good report to the g-20 on these issues. >> thank you very much. >> you said that a lower corporate tax rate would remove pressure on the debt over equity. can you explain how that would address the debt equity bias that we have heard about? >> the most simple version of this is the entity level taxation is part of the problem. reducing that rate ends up taking away that distortion to some agree. but a kind of goes further. one of the problems is not just that in the aggregate for nonfi
there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways...